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Glite Dictionary
cost analysis

cost analysis

2 3.7
A careful study of the separate costs of a project to find savings
  • noun
  • /kɔst əˈnæləsɪs/
  • Specialized
translation icon : análisis de costos
  • The team conducted a thorough cost analysis to determine the budget for the new project.
  • Benefit-Cost Analysis
  • net cost analysis
  • conducting a cost analysis

Examples

  • Accurate projections and effective cost analysis should be carried out to avoid underfunding.

    Academic text (2007)

  • What workstation costs were not included in this cost analysis?

    Academic text (2007)

  • So we ran a quick cost analysis here showing you guys that the platforms are not really quite equal.

  • Driver training and cost analysis could be refined based on the reports.

    Academic text (1999)

  • Conduct a cost analysis of three tools that could be selected for a manufacturing operation.

    Academic text (2007)

  • Without the actual national healthcare cost analysis, the federal budget numbers don't tell us much.

    Blog text (23)

  • I agree with some of what you stated, but believe your cost analysis is fundamentally flawed.

    Blog text (24)

  • However, a detailed life cycle cost analysis should be performed for each system to select the most economical lamp type.

    Academic text (2002)

  • It is a cost analysis breakdown of your weekly Uber expenditure versus owning a used car.

    After We Collided (2020)

  • Our cost analysis suggests that tympanostomy tube insertion is a cost-effective treatment for otitis media.

    Academic text (2005)

Synonyms

cost accounting
vscost analysis
  • Specialized
1 5.1

A way for a company to record and study how much money it spends to make and sell products

focuses on examining and reporting separate expenses in a specific operation
costing
vscost analysis
  • Specialized
1 3.8

A process to find out how much money is needed for something

focuses on detailed examination and reporting rather than just estimating
cost structure analysis
vscost analysis
  • Specialized
5.2

A study of the costs of making a product to see how they affect profit

focuses on itemized examination and reporting within one operation not profit analysis

How Detailed

cost accounting
  • Specialized
1 5.1
cost analysis
  • Specialized
2 3.7
costing
  • Specialized
1 3.8
estimate
133 2.8

Surface Forms

cost analysis singular
cost analyses plural

Morphology

cost + analysis

The meaning 'the process of examining costs' is transparently derived from combining 'cost' (monetary amount) with 'analysis' (systematic examination). This straightforward noun+noun composition follows common compositional patterns in English and other languages, so a B1 learner who knows both constituents can reliably infer the MWE meaning.

Etymology

Cost analysis may come from the simple image of taking a bill apart to see every price. The word cost is the price and analysis means 'breaking into parts', so the phrase means 'looking closely at each cost' to find where you can save money.